16, WEST LANE, ISLE OF GRAIN, ROCHESTER, ME3 0BB - £125,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 WEST LANE is a very small semi-detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £256,793. It was last sold for £125,000 in July 2012, which was around 27% below the average July 2012 semi-detached price in the Medway local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

16 WEST LANE Sold Prices

Land registry data shows four sales for 16 WEST LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. All of the four 16 WEST LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 17 JUL	£125,000	£171,152	27% below HPI
2011 1 APR	£125,000	£166,488	25% below HPI
2006 2 MAR	£125,000	£166,935	25% below HPI
1997 25 JUL	£47,995	£58,398	18% below HPI

16 WEST LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The four 16 WEST LANE sales between July 1997 and July 2012 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2012 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 16 WEST LANE be worth now?

16 WEST LANE might now be worth an estimated £256,793.

This is based on house price inflation of 105.4%, between July 2012 and February 2025, for semi-detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 105.4% inflationary increase is applied to the most recent sale price for 16 WEST LANE of £125,000 on 17th July 2012. For the value to have increased from £125,000 to £256,793 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of 16 WEST LANE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The July 2012 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 16 WEST LANE has not materially changed since July 2012.

How Large is 16 WEST LANE?

16 WEST LANE is 70m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of semi-detached houses houses in Grain, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grain, and where 16 WEST LANE lies on this distribution: 6% of semi-detached houses houses are smaller than 16 WEST LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Grain.

16 WEST LANE: Plot and Title Map

16 WEST LANE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 16 WEST LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 WEST LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 WEST LANE?

16 WEST LANE is located in ISLE OF GRAIN, in the ME3 postcode district. The below map shows the position of No. 16 on WEST LANE.